JPMorgan Vault On Fire Or Force Majeur Event To Stop The Collapse?

Friday JPMorgans inventory plunged 66% Friday to an all-time low of 46,000 ounces but there was still 502,000 ounces standing against JPM for the JUNE gold contract. So excuse me if I smell a big stink when all of a sudden a fire erupts in JP Morgans Vault at 15 Broad Street. This looks very much like the action of a slumlord who burns down his ramshackle buildings to collect on a BIG insurance pay out.

 

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